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Synthomer PLC 19.4% Potential Upside Indicated by Deutsche Bank

Synthomer PLC using EPIC/TICKER code (LON:SYNT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Synthomer PLC are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set their target price at 640 GBX on its stock. This is indicating the analyst believes there is a potential upside of 19.4% from the opening price of 536 GBX. Over the last 30 and 90 trading days the company share price has increased 11 points and increased 39.2 points respectively. The 1 year high stock price is 559.5 GBX while the year low share price is currently 455.2 GBX.

Synthomer PLC has a 50 day moving average of 533.90 GBX and the 200 Day Moving Average price is recorded at 502.76. There are currently 339,880,768 shares in issue with the average daily volume traded being 537,323. Market capitalisation for LON:SYNT is £1,851,051,896 GBP.